• @shortwavesurfer@monero.town
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      11 year ago

      I did, and while they are using gold as a backing mechanism, that is a good thing. However, I suspect that will not last very long, and instead the individuals should hold the gold themselves and use that as a medium of exchange. If the currency has been lost 16 times, that clearly means the government is completely irresponsible.

        • @shortwavesurfer@monero.town
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          11 year ago

          Okay, what did I miss? I realized that I said 16 instead of 6 currency devaluations, but otherwise I don’t see what I’ve missed.